Connect with us

CELEBRITY

Exclusive- Want to invest in Taylor Swift and Beyoncé? Now you can.

Published

on

A new music investing startup called JKBX lets fans share in their favorite musicians’ success by allowing people to buy securities whose value derives from an artist’s streaming royalties.

For examples, investors can invest in songs such as Beyoncé’s 2009 hit “Halo,” Adele’s “Rumour Has it,” and Taylor Swift’s “Welcome to New York,” among others.

“Every time you hear a song, somebody’s getting paid. That somebody could be you,” the company says on its website.

For now investors can purchase, but not sell, shares via JKBX. The company makes money by charging a transaction fee when customers buy stock.

Streaming royalties can contribute enormously to musicians’ wealth. For example, Swift is estimated to have earned $175 million through her contracts with music streamers including Apple Music, Spotify and others, according to Bloomberg.

Every time a song is played on a streaming platform, as well as in a movie or television show, it generates earnings for the rights owner. JKBX is letting the general public get a slice of that income stream. Still, the returns aren’t astronomical, and other types of investments offer better returns.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

CELEBRITY3 hours ago

BREAKING: Kevin Costner’s refusal to share the stage with Whoopi Goldberg at the Oscars has caused a lot of controversy. Kevin Costner shared his thoughts right after that, making everyone…see more

CELEBRITY3 hours ago

Breaking News: Whoopi Goldberg and Soccer Star Megan Rapinoe Announce Their Intention to Leave America: “We are DONE with…” See More

CELEBRITY13 hours ago

Breaking News: King Charles ‘Humiliated’ and Disgrace as Prince Andrew Wins Royal Lodge War… full story below 👇👇👇

CELEBRITY14 hours ago

BREAKING NEWS : Ellen DeGeneres and Whoopi Goldberg Head to England, Leaves The US: “No Respect Here”

CELEBRITY1 day ago

Wyeliminowała Polki i natych Rafael Nadal zagrał ostatni mecz w karierze. Polały się łzy Igi Świątek Rafael Nadal zagrał ostatni mecz w karierze. Polały się łzy Igi Świątek Photo of olumatthew olumatthew Send an email2 days ago0 84 1 minute read

CELEBRITY1 day ago

Hubert Hurkacz Oświadczył Się Dziewczynie, Iga Świątek Wstrząsnęła światem tenisa… Iga Świątek Ujawniła: “Jestem w Tajnym Związku z Hubertem, Błaga swoich Fanów”… ‘Powiedziała Tak Hubertowi’

CELEBRITY1 day ago

Iga Swiatek‘s competitive spirit remains strong despite a challenging end to her 2024 season. After parting ways with longtime coach Tomasz Wiktorowski, she teamed up with Wim Fissette following a disappointing exit from the US Open quarterfinals.

CELEBRITY1 day ago

GRATULACJE: Królowa Iga Świątek została uznana za największą tenisistkę wszech czasów, otrzymując prestiżową nagrodę za to, że…

CELEBRITY1 day ago

NEWSHOT: Warner Bros. has terminated Robert De Niro’s $10 million contract due to fierce criticism Read more:

CELEBRITY1 day ago

Ellen DeGeneres Has Moved to England After Finding ‘a House She Loved’ in the Countryside: Source The former talk show host and her wife, Portia de Rossi, have recently been spotted out and about in the celeb-favorite Cotswalds region

CELEBRITY1 day ago

NEWSBREAKING NEWS : Tom Hanks Withdraws Oscar Nominations and Leaves U.S.: ‘I’ve Had Enough’ FULL STORY:

CELEBRITY1 day ago

Breaking: Tom Hanks has Booked Tickets to Leave USA to… ”A massive red wave is coming, and I can’t be here because…” See more

Copyright © 2024 UKok24